NOT LISTED FOR SALE

Estimated Value: $2,716,000 - $4,505,000

3 Beds
3 Baths
2,244 Sq Ft
$1,756/Sq Ft Est. Value

Last Sold April 16, 2013

Last sale price $1,250,000 $557 Per Sq Ft

Est. 215% increase in value since last sale

Current estimated payment $23,598/month

141 Days on Market

Highlights

  • Ocean View
  • Deck
  • Main Floor Bedroom
  • Newport Elementary School Rated A
  • Traditional Architecture
  • Fireplace

About This Home

As of April 2013

Classic Newport Beach retreat. 3 bedrooms, 3 bathrooms, 2 car garage, golf cart parking plus one open parking space. Second level great room includes an open kitchen, dining area, and a living room with wood burning fireplace. All open to a large south facing ocean view deck. Lower level bedroom and a family room with wet bar. Sliding doors open to a second large patio. All this within walking distance to the beach, bay, and all the dining and shopping the town of Balboa has to offer. Prime, oversized, corner lot.

Last Agent to Sell the Property

Sue Young

Compass License #01087631 Listed on: 10/10/2012

Compass

Co-Listed By

Rob Norquist

Compass License #01118831

Last Buyer's Agent

Jim Douglas

Premier Properties RE Grp, In License #01799641

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $19,020

Year Built

  • Built in 1976

Lot Details

  • 2,789 Sq Ft Lot

Parking

  • 2 Car Attached Garage
  • 1 Carport Space

Home Design

  • Traditional Architecture
  • Shake Roof
  • Wood Roof
  • Wood Siding
  • Stone Siding

Interior Spaces

  • 2,244 Sq Ft Home
  • Fireplace
  • Double Pane Windows
  • Living Room
  • Ocean Views
  • Gas Dryer Hookup

Kitchen

  • Eat-In Kitchen
  • Gas Oven or Range
  • Range
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Main Floor Bedroom

Outdoor Features

  • Deck
  • Patio

Utilities

  • Forced Air Heating System
  • Sewer Paid

Listing and Financial Details

  • Tax Lot 23
  • Tax Tract Number 7001
  • Assessor Parcel Number 04807213

Home Details

Home Type

Single Family

Est. Annual Taxes

$19,020

Year Built

Built in 1976

Lot Details

0

Parking

2

Listing Details

  • Assessments: No
  • Other Phone Description: Preferred
  • Other Phone Number: 949-554-1208
  • Property Attached: No
  • Subdivision Name Other: Balboa Peninsula (Residential)
  • View: Yes
  • Zoning: R-1
  • Architectural Style: Traditional
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 04807213
  • Year Built: 1976
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 2244.00
  • Common Walls: No Common Walls
  • Flooring: Carpet, Tile
  • Appliances: Yes
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 3
  • Three Quarter Bathrooms: 1
  • Total Bedrooms: 3
  • Eating Area: Area
  • Levels: Two
  • Price Per Square Foot: 557.04
  • Room Type: Living Room, Main Floor Bedroom
  • Window Features: Double Pane Windows

Exterior Features

  • Patio: Yes
  • View: Ocean
  • Fence: No
  • Patio And Porch Features: Deck
  • Pool Private: No
  • Roof: Shake, Wood
  • Spa: No
  • Construction Materials: Stone, Wood Siding

Garage/Parking

  • Attached Garage: Yes
  • Carport Spaces: 1.00
  • Garage Spaces: 2.00
  • Parking: No
  • Parking Features: Carport
  • Total Parking Spaces: 3.00

Utilities

  • Utilities: Sewer Connected
  • Sprinklers: No
  • Heating: Yes
  • Laundry: No
  • Appliances: Dishwasher, Free Standing, Gas Cooking, Disposal, Range
  • Heating Type: Forced Air
  • Laundry Features: Gas Dryer Hookup
  • Sewer: Sewer Paid
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No

Schools

  • School District: Newport Mesa Unified

Lot Info

  • Land Lease Purchase: No
  • Lot Size Sq Ft: 2789.00
  • Lot Size Acres: 0.0640

Multi Family

  • Lease Considered: No
  • Lot Size Area: 2789.0000 Square Feet

Tax Info

  • Tax Lot: 23
  • Tax Tract Number: 07001

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 10, 2012
Closed on
Mar 20, 2013
Sold by
Marinovich Trudi
Bought by
Zayek Francois and Zayek Laudy
Seller's Agent
Sue Young
Compass
Buyer's Agent
Jim Douglas
Premier Properties RE Grp, In
List Price
$1,395,000
Sold Price
$1,250,000
Premium/Discount to List
-$145,000
-10.39%
Total Days on Market
141
Current Estimated Value
$3,940,192

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,690,192
Avg. Annual Appreciation
9.89%
Original Mortgage
$875,000
Outstanding Balance
$581,141
Interest Rate
1.98%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$3,359,051

Purchase Details

Closed on
May 28, 2008
Sold by
Fertig Virginia C
Bought by
Fertig Virginia C and The Fertig Living Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Interest Rate
5.87%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 7, 2003
Sold by
Fertig Virginia C
Bought by
Fertig Virginia C and The Fertig Family Living Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$151,000
Interest Rate
6.4%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 7, 2001
Sold by
The Fertig Family Living Trust
Bought by
The Fertig Family Living Trust
Source: Public Records

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Zayek Francois $1,250,000 Lawyers Title
Fertig Virginia C -- None Available
Fertig Virginia C -- Gateway Title
Fertig Virginia C -- Fidelity National Title Co
Fertig Virginia C -- Gateway Title Company
The Fertig Family Living Trust -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Zayek Francois $875,000
Previous Owner Fertig Virginia C $400,000
Previous Owner Fertig Virginia C $151,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/16/2013 04/16/13 Sold $1,250,000 -10.4% $557 / Sq Ft
02/28/2013 02/28/13 Pending -- -- --
10/10/2012 10/10/12 For Sale $1,395,000 -- $622 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $19,020 $1,770,256 $1,336,093 $434,163
2023 $18,574 $1,735,546 $1,309,896 $425,650
2022 $18,265 $1,701,516 $1,284,212 $417,304
2021 $17,915 $1,668,153 $1,259,031 $409,122
2020 $17,743 $1,651,049 $1,246,122 $404,927
2019 $17,378 $1,618,676 $1,221,688 $396,988
2018 $17,032 $1,586,938 $1,197,734 $389,204
2017 $16,731 $1,555,822 $1,174,249 $381,573
2016 $16,356 $1,525,316 $1,151,224 $374,092
2015 $14,953 $1,384,106 $1,133,932 $250,174
2014 -- $1,218,290 $1,111,720 $106,570
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: U12003962

California Regional Multiple Listing Service (CRMLS)

APN: 048-072-13